The Bank of England has released the design of the new King Charles III banknotes - and revealed when they will go into circulation.
The portrait of The King will appear on existing designs of all four polymer banknotes - £5, £10, £20 and £50 - with no other changes to the existing designs. The King’s image will appear on the front of the banknotes, as well as in cameo in the see-through security window.
The new notes are expected to enter circulation by mid-2024. All polymer banknotes carrying a portrait of Queen Elizabeth II remain legal tender, and the public can continue to use these as normal.
